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Thames Water/utilities: investors tapped for cash after deluge of complaints

Financial Times LogoFinancial Times1 mo ago

Thames Water/utilities: investors tapped for cash after deluge of complaints

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JPMorgan expects the allowed cost of equity to be 20-40 basis points lower than the 2019 review.

As anger mounts over sewage discharges into rivers, investors are now being asked to shore up strained balance sheets.

Thames Water has announced it is raising as much as £1.


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Article Details

Category: MarketsFinanceInvesting

Topics: Thames Cost Equity Investors Water Financial Investment Announced Returns Companies

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-30, 16:03:44

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Reading Time: 3 minutes read

Article Length: 499 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 23310

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 16 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 10h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Publisher ID: #3

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